- The shares of McDonald’s Corp (NYSE: MCD) have received a price target increase from $238 to $261 by Credit Suisse. These are the details.
The shares of McDonald’s Corp (NYSE: MCD) have received a price target increase from $238 to $261 by Credit Suisse. And Credit Suisse analyst Lauren Silberman is keeping an “Outperform” rating on the company shares.
Silberman noted that McDonald’s has a compelling 2021 story with a strong slate of sales initiatives for supporting momentum and benefits from reopening. And for the long term, Silberman believes McDonald’s is well-positioned to gain market share globally given the strength of its brand, operational execution, value leadership, and healthy franchisee base.
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